Manchester City Fan Token

Halal Rating :
Comfortable
Last Price $1.4 Last updated:
Rank 1078
1D Change -6.39 %
Market Cap $12.05m
Circulating supply 8,323,029
Maximum supply 19,740,000

Crypto Overview

Categories
  • Sports
  • Fan Token
  • Binance Launchpool
  • Soccer

Purpose and Utility

Manchester City Fan Token (CITY) is a utility token created in partnership with Socios.com. It provides Manchester City football club supporters with voting rights on certain club decisions, access to VIP rewards, exclusive promotions, AR-enabled features, fan recognition, and other fan-related benefits.

Business Model Analysis

The token operates on the Chiliz blockchain and functions as a fan engagement tool. The business model is transparent and primarily focused on providing utility to football club supporters. There are no inherent interest-bearing mechanisms or gambling elements in its core functionality.

Real-World Adoption

The token has achieved significant adoption among Manchester City fans, with active participation in club polls and engagement with various fan-exclusive features. The partnership with Manchester City Football Club provides legitimacy and real-world application.

Platform Activity

The Socios.com platform maintains regular updates and features, with continuous development of new fan engagement opportunities. The ecosystem shows consistent activity with regular polls, rewards distribution, and fan interactions.

Token Distribution and Governance

The token distribution appears balanced between the platform, the club, and the fans. The primary purpose remains fan engagement rather than speculative trading.

Rating Justification

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